NVIDIA Acquires PortalPlayer

Hmmmmm, wonder what this means to the iPod?

NVIDIA Corporation reported Monday that it is acquiring PortalPlayer Inc., in a move to beef up its development of personal media players (PMPs.) NVIDIA said it will pay about $357 million for San Jose, CA-based PortalPlayer.

As a developer of semiconductors, firmware, and software platforms for PMPs, PortalPlayer’s product mix will fit neatly into NVIDIA’s family of graphics processing units, NVIDIA said.

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